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Shell To Build Floating Gas Plant

Royal Dutch Shell PLC says it has made a final decision to construct a massive natural gas plant for use off the Australian coast.

AMSTERDAM (AP) -- Royal Dutch Shell PLC says it has made a final decision to construct a massive natural gas plant for use off the Australian coast.

Shell did not say how much the "Prelude FLNG" facility will cost to build, but claimed that it will be the world's largest floating manmade object.

It is designed to take in the equivalent of 110,000 barrels per day in gas from undersea fields 200 kilometers (125 miles) off the coast and cool it into liquefied natural gas, known as LNG.

Shell said the facility, built in a South Korean shipyard, will be longer than six football fields and made of 260,000 tons of steel — five times more than Sydney's famed harbor bridge.

Shell claimed Friday Prelude will operate for 25 years, and can withstand the worst hurricanes.
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